Payment for the now dead College Students release. Welcome our viewers in the United States and around the world. Im wolf blitzer and youre in the situation room. Announcer this is cnn breaking news. Were following breaking news on the rollout of joe biden president ial campaign. Right now the former Vice President is holding a big money fundraiser in pennsylvania. Hes going after President Trump right out of the gate declaring the 2020 race is a battle for the soul of this nation. Also breaking, House Democrats open another investigation of the Trump Administration. Theyre demanding documents related to the firing of Homeland Security officials who reportedly refused to follow orders to break the law. All of this comes as the white house blocked top aide Steven Miller from testifying about his role in the shakeup. Ill get reaction from House Oversight Committee Member gerry connelly. And our correspondents and analysts are standing by. But first to jessica dean with more on the launch
If they dont step up tariffs will go on. And if they go high, the companies are moving back into the United States. Thats all. Its very simple. Well it is very simple. You know, companies arent moving back to the United States. They cant and wont make decision that is quickly. Theyll wait. Becauses in hundreds of millions of tars at stake. Any will instead pass along the tariff in the form of higher prices to americans for everything from cars to food. Republican senator john cornyn lays it out pretty clearly today. Tariffs on the other hand would be a mass tax. The u. S. Chamber estimates that texas alone would face 5. 35 billion in increased costs as a result of a 5 tariffs that could take effect as early as monday. In translates into about 1,000 more on a car. 1,000 more per car. Deutsche bank says its in fact 1300 a car and thats just as they begin. A gnaw nonpartisan analysis estimates it could wipe pout 400,000 jobs in the United States. Thats what happens when tariffs stay on. H
Elizabeth (Betty) Letsinger Arendshorst, passed away peacefully on April 5, 2022, at 99 years of age, leaving a life characterized by her generosity o.